Foreclosure - Waterfront
Address
2657 W Luther Street Chicago, IL
Price
$ 825,000
Property Attributes
  • MLS#11034381
  • TypeMulti-Family
  • CountyCOOK
  • CityChicago
  • AreaCHI - South Lawndale
  • NeighborhoodLittle Village
  • Zip60608
  • Style
  • Year Built1899
  • Taxes4416
  • Price$ 825,000
  • Bedrooms8
  • Full Bathrooms6
  • Half Bathrooms0
Listing Provided Courtesy Of:
Main Street Real Estate Group
Data Source:
Midwest Real Estate Data LLC
Property Description

Newly renovated, fully occupied and cash flowing 4 unit brick building on a 50 ft corner lot. The units feature modern European style cabinets with quartz countertops and a full stainless Package. Every unit has restored hardwood floor, brand new modern baths, and in-unit washer dryers. Tenants pay all electric and gas utilities. Location in "West Pilsen" which is a designated QEV Zone (Investors pay no capital gains tax if they hold for 7+ years). Monthly rent at $6,000, but pre-Covod it was a $6,500. In the next leasing cycle will be easy to raise rents. Can come with professional management at $600/month that handle everything. Also easy to self manage. Very low maintenance investment property. Will not last long!

Price History
3/27/2021 Listed $825,000

General Features

Architectural Style Other
Elementary School District 299
Garage Spaces 2
Heating None
High School District 299
Middle/Junior School District 299
New Construction No
Ownership Fee Simple
Property Type Two to Four Units
Property Type Residential Income
Sewer Public Sewer
Standard Status Active
Tax Annual Amount 4416
Total Rooms 18
Township West Chicago
Zoning MULTI

Interior Features

Basement None
Basement None
Bedroomspossible 8
Full Baths Building 6
Full Baths Unit 1 2
Full Baths Unit 2 1
Full Baths Unit 3 2
Full Baths Unit 4 1
Total Baths 6
Total Bedrooms 8

Exterior Features

Exterior Brick
Foundation Details Brick/Mortar
Garage Onsite Yes
Garage Ownership Owned
Garage Type Detached
Lot Dimensions 50X71.7
Water Source Lake Michigan
Waterfront Y/N Yes

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60608

Price
AVG $650K
$830K
Taxes
AVG $5,910
$4,416
Visits
AVG 59
15
Year Built
AVG 1909
1899
Walkscore
AVG 87
82
Data Provided by Walkscore ® not using MLS data

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